Swings and scalps

Watching the fib level on AUD/CHF for perhaps a better short but if it fails I will enter at the 50% fib.

Here is the pattern I need to master, it is right at resistance, and coiling up for a break one way or the other.

Broke short. Well, on the 5 second anyway.

Lower low. Entered a small position with a tight stop.

Waiting for the support to break. It has been hit a few times but perhaps isn't that strong. If it gets past this level perhaps it will continue down with more momentum.

Moved stop to breakeven. Not wanting to loose on this one while I do other things. I can't just stare at the screen, so I will get an email if stopped out and then re-enter or at least re-evaluate. If it makes a higher low then I will re-enter.

Interesting how trendlines still work even when they have been broken. This is a horizontal and diagonal support confluence.

Moved stoploss up on one of the positions. If it gets triggered I re-check.

With a double bottom here it may be that we have a strong support level, it may meander up for a while.

Is it a re-test? The descending triangle is a good sign for my recent short.

Trend reversal pattern, long with stop below recent fib rejection. Let's see how nice of a pattern this forms, sometimes these are like stairs. I want to see if it has reached it's bottom for a while on the daily as well, if this holds, it is a killer position.

Many time's ranges repeat, on the daily this is a major consolidation area, it is hitting the bottom of the range.

I think I will get in better if I wait a bit so I am scratching this.

1 pip profit. it's a little overbought is all, when it comes down I will get in with the stop at the same fib reject point.

I'm taking profit. It may go up higher but it's at resistance. I will get in on a pullback with a tight stop.

Same here I think there is just not enough momentum but I will keep a close eye on it.

Considering the cup formation I may scalp a short. It could spike down. I will move my stop up until stopped out then reverse position to see if this is a top.

There is curve showing slowing momentum. Waiting for a good short entry on the 5 sec. If it creeps back to the blue resistance line that would be a good spot with a tight stop.

Resistance, it may just be a stall but I moved my stop right up to the price.

Short on the premise that the movement up as hit resistance an is loosing steam. Not the tightest stop, due to a small range that it could continue up to.